Definition
What HR says when they're actually paying you 10% below market rate. It's competitive in the sense that they're competing to keep costs low.
Example Usage
The job posting said they offer a competitive salary, but it's basically minimum wage.
Source: HR terminology
Related Terms
Translate This Term
See “Competitive Salary” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
Try the Translator